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Earnings roundup: Citigroup, Manpower



By AP
18 July 2008 @ 05:47 pm EST

Among the earnings stories for Friday, July 18, from AP Financial News:

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C 15.15 -2.26
MAN 34.42 -2.5

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NEW YORK (AP)--Citigroup Inc. has become the latest big bank to quell Wall Street's worries about a financial sector implosion, posting a $2.5 billion second-quarter loss that was smaller than expected.

MILWAUKEE (AP)--Manpower Inc. reported a 33 percent drop in second-quarter profit Friday due to a hefty legal reserve, but adjusted results topped Wall street expectations. However, shares tumbled on the staffing firm's weak third-quarter outlook.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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